S&P futures are up 0.3% in early trading on Tuesday, following a positive start to the week despite a pullback in the Mag 7 tech names and semiconductors. Financials, Energy, and Materials were among the standouts on Monday. Asian markets were mixed overnight, with Hong Kong leading gains due to strength in property stocks, while […]
ETFsector.com Daily Trading Outlook, September 17, 2024 Read More »
US equities finished higher in Friday trading, with the Dow up 0.72%, S&P 500 up 0.54%, Nasdaq up 0.65%, and the Russell 2000 surging 2.49%. This marked the fifth consecutive day of gains, with the Nasdaq having its best week since November 2023 and the S&P 500 now within 1% of its July record close.
ETFsector.com Daily Trading Outlook, September 16, 2024 Read More »
S&P futures are up 0.2% in Friday morning trading, extending the rally as both the S&P and Nasdaq head for a fourth consecutive positive session. Stocks are poised for strong gains this week after last week’s sharp pullback, the largest since the SVB crisis. Asian markets had mixed performance, while European markets are up ~0.2%.
ETFsector.com Daily Trading Outlook, September 13, 2024 Read More »
Equities moved higher on Wednesday with a rebound in AI sentiment leading to Tech. and Nasdaq outperformance. For the day, the Nasdaq composite led the major US indices higher adding 2.17% while the S&P 500 gained 1.07 while the Dow brought up the rear advancing 0.31%. At the sector level, Tech shares paced gains up
ETFsector.com Daily Trading Outlook, September 12, 2024 Read More »
S&P futures are down 0.1% in Wednesday premarket trading, recovering from earlier lows. On Tuesday, US equities closed mostly higher, led by tech after Oracle’s earnings, while banks, autos, and energy lagged. Treasuries strengthened, the dollar fell 0.2% amid yen gains due to Bank of Japan policy comments, and gold rose 0.2%. Bitcoin futures dropped
ETFsector.com Daily Trading Outlook, September 11, 2024 Read More »
US equities closed higher on Monday, with the Dow rising 1.20%, the S&P 500 up 1.16%, and the Nasdaq gaining 1.16%. The Russell 2000 trailed with a 0.30% increase. This rebound came after a difficult week, where the S&P 500 suffered its worst performance since March and the Nasdaq saw its steepest drop since January.
ETFsector.com Daily Trading Outlook, September 10, 2024 Read More »
Equities closed last week to the downside as the Nasdaq led shares lower off -2.55% while the S&P 500 gave up 1.73% and the Dow lost 1.01% on the day. Wrapping up the week from a sector perspective, XLP and XLRE finished the week as the only positive gainers. XLK and XLE were the source
ETFsector.com Daily Trading Outlook, September 9, 2024 Read More »
US equities closed mostly lower on Thursday, with the Dow down 0.54%, S&P 500 off 0.30%, and Russell 2000 falling 0.61%, while the Nasdaq managed a 0.25% gain. Big tech, particularly Tesla (+4.9%) and Amazon, helped the Nasdaq stay positive. Lagging sectors included machinery, healthcare distributors, biotech, chemicals, insurers, and telecom, while airlines, REITs, discount
ETFsector.com Daily Trading Outlook, September 6, 2024 Read More »
US equities closed mixed on Wednesday. The Dow rose 0.09%, while the S&P 500, Nasdaq, and Russell 2000 all saw slight declines. Stocks tried to rebound but failed to hold gains after the S&P 500’s significant drop on Tuesday, the third worst of the year. Treasuries rallied with a steepening yield curve, and the 2/10
ETFsector.com Daily Trading Outlook, September 5, 2024 Read More »
ETFsector.com Daily Trading Outlook, September 4, 2024 US equities closed sharply lower on Tuesday, with the Dow down 1.51%, the S&P 500 down 2.12%, the Nasdaq down 3.26%, and the Russell 2000 down 3.09%. This marked the worst session for the S&P 500 and Nasdaq since August 5th. At the sector level, XLK was the
ETFsector.com Daily Trading Outlook, September 4, 2024 Read More »
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